Agricultural production worth more than 17 million euros is not being sold and is waiting in storage in Silistra region due to low purchase prices, BTA reported. On the one hand, the prices of EU-authorised fertilisers and chemicals are very high..
Bulgarian construction companies are ceasing operation due to the high prices of steel and construction steel rods. Some companies may even face bankruptcies. Sales of raw materials have been suspended s ince the beginning of March..
Bulgarian entrepreneurs called on the government to change the power price compensation scheme and abolish the energy aid ceiling. The nationally represented employers' organizations call for a meeting with Bulgaria’s Premier and ministers to..
Employers, trade unions and citizens have staged protests demanding immediate compensations for the high electricity prices. The protesters blocked traffic in central Sofia. The electricity price on the independent energy exchange hit record..
Economic analysts expect that in 2020 the number of bankruptcies in Bulgaria will increase by 21% as compared to 2019 as a result of the Covid-19 crisis. Companies from almost all sectors are at risk of bankruptcy, especially those operating is the..
According to the registry of the Registry Agency, in June-July 2020 the number of companies declared bankrupt has increased. This is stated in a study by the Bulgarian Chamber of Commerce on the impact of Covid-19 on the country's economy. If in June..